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Click here to read the booki Asset Management Ratios Problem Walk Through DSO AND ACCOUNTS RECEIVABLE Ingraham Inc. currently has 1250,000 in accounts receivable, and

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Click here to read the booki Asset Management Ratios Problem Walk Through DSO AND ACCOUNTS RECEIVABLE Ingraham Inc. currently has 1250,000 in accounts receivable, and its days sales outstanding (050) 45 days. It wants to reduce its so to 30 days by pressuring more of its customers to pay their bille on time this policy is adopted, the company's average sales will fail by 5%. What will be the level of accounts receivable following the change? Asume a 365-day vor. Do not round intermediate calculations, Round your answer to the nearest cent

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